Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1887-05-31
Law IMPOSING TAXES ON PERSONS, &c.

In Ordinance for Imposing and Collecting Tares on
Persons, Property. Income ETC., ,cthn the City o.
Alexandria, Va. for the Year Commencing on Isl
June, 1887, aud Ending on the 31st 3fay, 1888.
Be ii ordained By he City Council of Alexandria
In the manner following, that is to say: The an
nual taxes on persons, property income, &c, fol-
the fiscal year commencing on the 1st of June
1887 and ending on the 31st of May, 1888, shall
be levied and collected Mt the following rates
Upon all property, both real and personal, OF
every kind and description owned or hold by citi-
zens of Alexandria. or located within the city OF
Alexandria, or subject to taxation under the con-
sttuton aud laws OF this State there shall be
lars of the assessed value thereof.
Pr0rded, That the machinery and capital en-
ployed by manufactures in said city shall be ex-
cmpt from taxation.
On all ground rents where the lands are unim-
proved the tax shall be on the assessed value of
the ands where the lands are improved the tax
shall be on the income of the ground rents and
on the improvements separately.
On every male inhabitant OF this city over the
age of twcnty-one years, and under the age OF
seventy years, there shall DO levied q capitation
tax of fifty cents.
The assessed value OF shares of bank stock for
city taxes shall be the market value thereof as
they are or shall be assessed for State taxation
and shall be so returned by the Commissioner of
the Revenue Oh the assessment books of the city
The stockholders in any bank or banking asso-
citation doing business in this city, whether resi-
dent or nonresident thereof shall be assessed and
taxed on the market value of their shares OF
stock therein at the rate of 200 cents per hun.
dred dollars upon the market value Of each share
of stock. Tho said commissioner shall notify
each bank or banking association of the assess
ment of the shares hereof tie every holder there
of, resident or nonresident, with the amount OF
tax thereon, to be paid by such holder, and II
shall be the duty of said bank or banking associs-
ton or the cashier or treasurer thereof to pay
the full amount of all such taxes 10 the collector
of the district in which such bank or banking as
ISOLATION may be located, which taxes so paid may
be deducted from the next succeeding dividend
payable by the said banks or banking associations
to the owners Of the said shares of stock
Upon all bills paid in full by the LIST day of Ju-
", 1887, the Collectors of Taxes shall allow q
discount of ten per cent, and all bills paid by
the LIST day of September, 1897, they shall allow
discount of five cent, and on all bills moi
paid ON the LIST day of December, 1887, there shall
be assessed and collected penalty of FIVE PEI
bills remaining unpaid on the LIST day of june
1858, damages at the rate of six per centum per
annum shall be paid.
This act shall be in force from its passage.
Passed Board of Aldermen May 81, 1887.
E. E. DOWNHAM, President.
Passed Common Council May "a 1887.
ISAAC EICHBERG, President.
Approved May 81 1887.
JNO. B, sMooT, Mayor
Teste: JAMES 2. CATION Clerk c. c.